Central Banks Use of Derivatives and Other Contingent Liabilities : Analytical Issues and Policy Implications /
Whereas some central bank derivatives and other contingent liabilities arise from anomalous circumstances, there are a number of positive reasons that explain their popularity. After analyzing the rationale for these operations, we stress that most of these operations, being off-balance sheet, incre...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2000.
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Serier: | IMF Working Papers; Working Paper ;
No. 2000/066 |
Online adgang: | Full text available on IMF |